Family Finances

Calculate Your Life Insurance Needs

The purpose of life insurance is to replace your income in case you die so that the family that you are leaving behind can maintain their current lifestyle. How much you need is best decided by working with a qualified financial planner. Things to include your current assets and investments. How much do you currently have saved and how much earning power will be available for supporting your family in your absence? Compare that amount to your anticipated liabilities and expenses. Moreover, don't forget to include items such as college tuition for your children or paying off your mortgage, in addition to your standard living expenses.

Please note, information and interactive calculators are made available to you as self-help tools for your independent use and are intended for illustrative purposes only. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.

Your savings are federally insured to at least $250,000 and backed by the full faith and credit of the United States Government.

USA Patriot Act Requires IDENTITY VERIFICATION for all new accounts.

Pursuant to Texas Credit Union Department Rule 91.315, documents relating to Texas Trust's finances and management are available by calling (972) 263-5171. All member service issues please call (972) 263-5171. Some links in this site may direct you outside of the Texas Trust Credit Union website. Texas Trust is not responsible for the content displayed on these other websites.